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Pent Up Supply From Extreme Winter Results In Buyer's Market This Spring


kia optima
2014 Kia Optima

CHICAGO--March 10, 2014: Cars.com reports exceptionally high inventory levels on dealership lots due to low sales over the challenging winter season. As a result, incentives and discounts from manufacturers and dealers are abundant this month.

"It's no secret that severe weather has resulted in lower-than-expected sales, causing inventory levels to swell at most dealerships across the country," said Jesse Toprak, chief analyst for Cars.com. "Consumers will benefit from automakers and dealers who are willing to move standing inventory at a steep discount, with the most attractive specials found in large-vehicle segments. For those in the market for a new car, there are some excellent deals to take advantage of."

The following high-value deals are offered this month:

Finance Incentives:

Model

Deal

Expiration Date

2014 Chevrolet Traverse

0% financing for 60 months

3/31/14

2014 Toyota Avalon

0% APR for 36 months

3/31/14

2014 Volkswagen Passat TDI

0.9% APR for 60 months + $1,000 reward fuel card

3/31/14

2014 Kia Optima

0% financing for up to 60 months

3/31/14

2014 Ram 1500

1.9% APR for 36 months, plus up to $1,500 cash allowance

3/31/14

2014 Mazda MAZDA3

0.9% APR for 36 months

3/31/14

Cash Incentives:

Model

Deal

Expiration Date

2014 Chevrolet Silverado 1500 Crew/Double Cab LT/2LT w/All Star Edition

$4,250 cash allowance

3/31/14

2013 Chevrolet Corvette ZR1

$3,000 cash allowance

3/31/14

2014 Buick Enclave AWD 1SN

$4,131 cash allowance (current Non-GM owners/lessees)

3/31/14

2014 Fiat 500 POP

$1,500 cash allowance

3/31/14

2013 Nissan JUKE

$3,750 cash allowance

3/31/14

2014 Toyota Prius

$1,500 cash allowance

3/31/14

2014 Ford Escape

$2,000 cash allowance

3/31/14

Lease Incentives:

Model

Deal

Expiration

2014 Jeep Cherokee Sport FWD

$239/month for 36 months, $2,999 down, 12,000 miles/year

3/31/14

2014 BMW X1 xDrive28i

$349/month for 36 months, $3,574 down, 10,000 miles/year

3/31/14

2014 Acura ILX 5 Speed Automatic

$209/month for 36 months, $2,499 down, 10,000 miles per year

4/1/14

2014 Toyota Prius

$279/month for 36 months $999 down, 12,000 miles/year

3/31/14

2014 Honda Civic Sedan CVT LX

$159/month for 36 months, $1,999 down, 12,000 miles/year

4/3/14

2014 Lexus IS 250

$349/month for 24 months, $1,999 down, 10,000 miles/year

3/31/14

*Cash allowance may indicate customer cash, cash back, or other manufacturer terminology